Towers Watson: 2011 will be the most "significant year of reform ever"

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Preparation challenges for Solvency II costing billions of pounds are set to help make this the most significant year of reform ever faced by the UK insurance industry.

That is the view of Towers Watson, which said that although companies will have started their preparations for Solvency II some time ago, the detail is unlikely to be finalised until 2012 which

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